Current retirees aren't doing badly, but that doesnt mean the same will be said for their successors, particularly boomers and Gen Xers, because of the changing circumstances surrounding retirement.
The Social Security system, which beyond a certain income level, takes back 50 cents of Social Security benefits for each dollar earned by early retirees from age 62 to 66.
A new report from the Commonwealth Fund says Donald Trump's health care reform plan could leave as many as 25 million Americans uninsured, while Hillary Clinton's would add almost 10 million people to the insured pool.
Americans age 50 and over generated about 42 percent of national GDP, despite only making up about 35 percent of the overall U.S. population, research from AARP and Oxford Economics shows.
Younger retirement plan participants are increasingly expecting to see metrics that assist them in seeing how successful they are at saving, Cerulli research shows.
Nationally, investors are actually feeling better about the U.S. economy, inflation, and retirement as compared to 2015 but that doesn't mean they're saving enough to retire.